800 Grand Concourse APT 2BSBronxNY10451
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Bronx at 800 Grand Concourse APT 2BS, Bronx, NY, 10451 uses $69,284 cash to close to unlock $495/yr annual cash flow and $41/mo monthly cash flow. Total monthly income runs $1,437/mo, and a $1,023/mo payment keeps the spread at $41/mo. Purchase price stands at $209,000, and rental yield measures 8.25% with $1,437/mo rent. Return on cash invested shows 20.62% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 107.35% and total cumulative return in cash records $74,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,437/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Condo
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10451, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,134 (100%) |
| Owner Occupied HU | 2,593 (11.2%) |
| Renter Occupied HU | 18,764 (81.1%) |
| Vacant Housing Units | 1,777 ( 7.7%) |
| Median Home Value | $288,032 |
| Average Home Value | $343,737 |
Housing Distribution
Address Breakdown
Residential
22,465
Single Family
725
Multi-Family
21,740
Businesses
1,144
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